Life Clips, Inc. Reports Earnings Results for the Full Year Ended June 30, 2020

Life Clips, Inc., through its subsidiary, Cognitive Apps Software Solutions Inc. (Cognitive Apps), operates an artificial intelligence (AI)-powered mental health analytics platform that empowers businesses to measure, understand, and improve the mental well-being of their employees, patients and customers. Cognitive Apps provides instant, data-driven and actionable insight into the workforce dynamics and mental health of employees and patients. Cognitive Apps uses AI-controlled mental health monitoring tools that use voice tone and context analysis to analyze tone and emotional state. Its Aiki app delivers cognitive behavioral therapy (CBT) and interpersonal psychotherapy (IPT) therapies using a chatbot which includes a voice analysis solution that takes in other health data from Apple and Google HealthKit to make an accurate analysis of one’s mental health. Aiki is available on Apple‘s App Store.